April 4th, 2025
Coronavirus Updates - Page 25
American Airlines Stock Down 17.89% in Premarket as Company Cuts International Flights by 75%
By Tolu Ajiboye
March 16th, 2020
American Airlines stock has crashed after the company announced a 75% reduction in capacity because of the coronavirus. Analysts warn things could get worse.
Oil Price Drops Below $30 as Coronavirus Forces Reduced Demand
By Tolu Ajiboye
March 16th, 2020
The situation with the oil price is getting worse as the price has now fallen below $30 as there is no longer much demand because of travel restrictions due to the coronavirus.
Google CEO Sundar Pichai Apologized to Donald Trump, Google Working on COVID-19 Website
By Darya Rudz
March 16th, 2020
Currently, Google is working on a website devoted to COVID-19. Serving an informative function, the website will also remove fake information about the virus on YouTube, Google Maps, Google developer platforms, and across ads.
AAPL Stock Down 12.26% in Premarket, Apple Fined $1.2B by French Antitrust Authorities
By Christopher Hamman
March 16th, 2020
Apple (AAPL) stock price dropped by around 13% in the premarket and is falling in the trading session today as well. This is due to a fine of about $1.2 billion imposed by the French antitrust regulators.
TSLA Stock Falls 15.49% in Premarket Today, Down More Than 40% from ATH of $917
By Teuta Franjkovic
March 16th, 2020
Though a month ago TSLA stock was approaching $1000, today it is trading much lover. Its current price is below $500 in the premarket.
Coronavirus: European Markets Slide 8% as Governments Impose Safety Restrictions
By Tolu Ajiboye
March 16th, 2020
The coronavirus pandemic isn’t at all taking it easy on European markets as well as travel stocks. Both are seriously bleeding. People are panicking and waiting for signs of improvement.
SPCE Stock 17.63% Down in Premarket, Two NASA Employees Test Coronavirus Positive
By Jeff Fawkes
March 16th, 2020
NASA Marshall center claimed that they have the employee tested positive for the coronavirus. SPCE stock started falling in the premarket after a good Friday.
Ronaldo Won’t Turn Hotels to Coronavirus Hospitals, LVMH Will Produce Free Hand Sanitizers
By Teuta Franjkovic
March 16th, 2020
The story about hotels owned by Ronaldo turned out to be fake. But it has become known that LVMH will produce free hand sanitizer for French Hospital Authorities.
McKinsey & Company Presents Three Key Scenarios for Global Market amidst Coronavirus Crisis
By Bhushan Akolkar
March 16th, 2020
With the coronavirus being declared a global pandemic by the WHO, McKinsey predicts different scenarios as to how the global markets will react in the future.
Bitcoin Price Rose to $5,900 after Fed Zero-Rate Cut but Then Fell Below $5,000
By Christopher Hamman
March 16th, 2020
Bitcoin price doesn’t look very optimistic now as it is below $5,000 again. However, just recently after the news about the rate cut from teh Fed, it was gaining massively.
AMZN 25% Down in a Month, Amazon Goes Out of Stock for Household Items Due to Coronavirus
By Bhushan Akolkar
March 16th, 2020
Amazon’s signature Prime Delivery and Grocery delivery services are facing delays due to overwhelming demand from customers on account of the COVID-19 outbreak. The logistical challenges are mounting for the company. AMZN stock is in red after hours.
AMZN Stock 1.5% Down After Hours, Second Amazon Employee Tests Positive for Coronavirus
By Bhushan Akolkar
March 15th, 2020
In a memo to employees, Amazon has confirmed the second coronavirus case and notified all employees who came in contact with the infected person. Amazon has allowed remote working from home for all its employees through the month of March.
Cristiano Ronaldo Turns His Hotels Into Coronavirus Hospitals
By Teuta Franjkovic
March 15th, 2020
Cristiano Ronaldo joins the fight against Covid-19 that has triggered a global health scare and jolted the global sporting calendar. All CR7 hotels are set to be converted into hospitals.
Donald Trump Doesn’t Have Coronavirus, Adds UK and Ireland to Travel Ban
By Teuta Franjkovic
March 15th, 2020
Donald Trump’s coronavirus test came back negative, his personal physician revealed on Saturday. According to the doctor, the test was performed Friday night and the president “remains symptom-free”.
Bill Gates Leaves Microsoft Board of Directors, Focuses on COVID-19 Solution
By Teuta Franjkovic
March 14th, 2020
Bill Gates co-founded Microsoft in 1975 with Paul Allen and was CEO until 2000. Gates was director of the board at Microsoft until 2014. But now he is leaving the board to focus on philanthropy.